Current Credit Card Financial debt News Reporting Has Rained Unfavorable Publicity on Credit Card Banking institutions

There's been an outburst of confirming on recent Consumer Financial Protection Bureau (CFPB) alerts and rules clarifications to banks.   Banks along with other original creditors are actually considered debt enthusiasts susceptible to exactly the same kind of FDCPA rules that 3rd party debt enthusiasts are susceptible to.



JP Morgan Chase continues to be “made a good example of.Inches It’s lately been prosecuted on California for illegal business collection agencies pra...

Recent Credit Card Debt News

Guidelines to the Fair Debt Collection Practices Act (FDCPA)

The FDCPA is on Your Side The FDCPA or Fair Debt Collection Practices Act was designed to protect people from ruthless debt collection agencies that relied on manipulation and intimidation to force people to pay debts. This act requires the agencies to follow a set of rules and maintain a given standard of conduct while dealing with the debtors. If you are not familiar with this act, you are at risk of being harassed and bullied into paying debts that you may not even owe. Consult a solicitor o...

Guidelines to the Fair Debt Collection Practices Act and debt consolidation